News In Brief: Google, Telecom Italia, KDDI, Nokia, Siemens, Oracle

Google is in advanced negotiations to buy US business reviews site Yelp for around $500 (€349 m) according to reports.

Telecom Italia and ZTE has built a fibre optic broadband network as part of the “L’Aquila Ultrabroadband Project” C.A.S.E. project. 83 buildings housing 4,600 homes on new plots have been provided broadband connections supporting speeds as high as 100 mbps. The network is a combination of Fibre To The Building (FTTB) and FTTH architecture.

KDDI has signed an agreement with virtual network provider Virtela to expand its international network footprint, Virtela announced.

Militia fighters in Irag and Afghanistan have hacked into the video fees of the US drones, a Pentagon official said
Nokia Siemens has won an IP backhaul contract for Tata Teleservices’ mobile network. It will provide IP
Oracle boosted profit 12.5% in the latest quarter, AP reported,  with revenue from software licenses up slightly after a year of declines.